Today at a glance: after closing at $201.71 on Friday, Boeing rallied as high as $206.1 but ended the day at $205.04.
At the same time, United States NY Empire State Manufacturing Index (Apr) came out at 10.8, while a consensus of analysts was expecting -18.
Analysis of Boeing's recent price action suggests Boeing broke through the $204.61 resistance and climbed 43 cents above it. Boeing failed to break through the $205.9 Fibonacci resistance level.
This rally in Boeing's share price coincided with other industrials stocks as Raytheon Technologies gained 1.4%, as it traded at $103.11. General Electric was up 1.36%. Deere & Company added 0.94% to its value, and traded at $391.42.
The market is looking forward to the release of new data: United States Building Permits (Mar) scheduled to come out tomorrow at 12:30 UTC.
The aircraft and rotorcraft manufacturer has appreciated 48.22% over the past six months.